Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Based on those conversations, we revised our revenue model—which previously showed significant deceleration in 2024 ARR growth—to reflect ARR growth holding in the mid-60% range in 2023 with acceleration through 2024.</li><li>Today, with companies consolidating tools to save on cost and reduce complexity, a rebundling cycle is in effect centered around the data warehouse, with Snowflake, Databricks and the hyperscalers simultaneously integrating with dbt and launching cloud-native data products that compete with dbt.</li><li>In 2024, data clouds had their "VHS moment" as Apache Iceberg emerged as the open table standard—particularly with Databricks, the company behind competing Delta Lake, acquiring Tabular for over $1B to bring the founders of Iceberg in under one roof—making multi-cloud a tangible reality and throwing tailwinds behind cross-cloud solutions like dbt that abstract away the underlying infrastructure and offer an orchestration layer on top.</li></ul>

Based on those conversations, we revised our revenue model—which previously showed significant deceleration in 2024 ARR growth—to reflect ARR growth holding in the mid-60% range in 2023 with acceleration through 2024.Today, with companies consolidating tools to save on cost and reduce complexity, a rebundling cycle is in effect centered around the data warehouse, with Snowflake, Databricks and the hyperscalers simultaneously integrating with dbt and launching cloud-native data products that compete with dbt.In 2024, data clouds had their "VHS moment" as Apache Iceberg emerged as the open table standard—particularly with Databricks, the company behind competing Delta Lake, acquiring Tabular for over $1B to bring the founders of Iceberg in under one roof—making multi-cloud a tangible reality and throwing tailwinds behind cross-cloud solutions like dbt that abstract away the underlying infrastructure and offer an orchestration layer on top.

Tristan Handy, CEO Of Dbt Labs, On Dbt’s multi-cloud Tailwinds

dbt Labs

Tristan Handy, CEO Of Dbt Labs, On Dbt’s multi-cloud Tailwinds